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| Exchange Disseminated Time | TV18 Broadcast Ltd has informed BSE that ICRA Limited - the Credit Rating Agency, has affirmed the Credit Rating for the Fixed Deposit Programme of the Company as “MA-” (Pronounced M A Minus). The above rating which was earlier placed under “Rating Watch with Developing Implications” has now been taken off and a “Stable” outlook has been assigned to the above rating.
Further, the long term rating for the Company’s Rs. 365.45 Crores bank facilities has also been revised by ICRA Limited from earlier BBB (pronounced ICRA triple B) “Rating watch with Developing Implications” to BBB+ (pronounced ICRA triple B plus). The new rating to the long term facility has been assigned a “Stable” outlook. |
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